Pride...and anger (1 Viewer)

Grendel

Well-Known Member
Do you think SISU should pay the value of the company before they set out to distress it. Or the value today, which I assume will be lower due to SISU's actions?

I fail to see any company buying an asset that is only worth more when they are in place. That's bonkers.

I still have never seen a concrete argument as to how the Higgs share is worth any money at all to the club. It gives them zilch.
 

wes_cov

New Member
The club asked for assistance pre sisu and were told to fuck off

No they were offered rent on a sliding scale where in league one they would have been on a much lower rent. due to the aspirations of the club to bounce back to the top flight this was rejected.
 

Grendel

Well-Known Member
No they were offered rent on a sliding scale where in league one they would have been on a much lower rent. due to the aspirations of the club to bounce back to the top flight this was rejected.

No 3 months into the "arrangement" the club advised ACL it was not a financially viable rental arrangement - they were told just to pay it.
 

Grendel

Well-Known Member

davebart

Active Member
The problem with the valuation of any football ground is that the possible market is one. Not something most valuers experience when valuing property.

Would other people be interested in buying. Not when the tenant successfully decides whether they are going to pay rent or not. It makes it impossible to value.
 

dongonzalos

Well-Known Member
I fail to see any company buying an asset that is only worth more when they are in place. That's bonkers.

I still have never seen a concrete argument as to how the Higgs share is worth any money at all to the club. It gives them zilch.

That doesn't answer my question.
 

torchomatic

Well-Known Member
It was in an article in the Telegraph. In December 2005 the Club approached ACL asking to renegotiate the rent as the Club could not afford the agreed amount. Not sure what happened and why it the reduction wasn't pursued.

And your source for this nugget of information ?
 

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